Senior Pricing Analyst - Modelling

Thinkways Software Technologies Pvt. Ltd.; Peterborough; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A leading company is seeking a Senior Pricing Analyst - Modelling to contribute to the insurance pricing strategy. The role requires expertise in predictive modelling techniques and leadership in developing pricing capabilities. Candidates should have a quantitative background and experience with the WTW toolkit for impactful pricing solutions.

Qualifications

• Experience in general insurance pricing.
• Proficient in predictive modelling techniques.
• Strong background in statistical programming languages.

Responsibilities

• Drive effective and efficient pricing solutions using analytical skills.
• Lead and manage the development of pricing capability.
• Research and develop modelling standards across the department.

Skills

Analytical skills

Predictive modelling techniques

Statistical programming (R, Python, SQL)

Communication skills

Education

Quantitative degree

Tools

WTW toolkit (Emblem, Radar)

Job description

Join to apply for the Senior Pricing Analyst - Modelling role at Thinkways Software Technologies Pvt. Ltd.

1 day ago Be among the first 25 applicants

Join to apply for the Senior Pricing Analyst - Modelling role at Thinkways Software Technologies Pvt. Ltd.

Get AI-powered advice on this job and more exclusive features.

Job Title: Senior Pricing Analyst - Modelling

Locations: hybrid working for our Peterborough Office (one day a week in the office).

Role Overview

Markerstudy Group are looking for a Senior Pricing Analyst (Modelling) to join a growing and established team.

You will be responsible for utilising your technical expertise and in-depth knowledge of the insurance industry and market leading tools to produce creative and actionable pricing solutions. This is to maximise Atlanta's ability to meet its strategy and annual plan but should also influence that strategy through regular identification of opportunities to Pricing Managers, Head of Pricing and the Executive Committee. This role requires a large element of coaching team members and championing modelling best practices across the department.

As a Senior Pricing Analyst - Modelling, you will use your advanced analytical skills to:

• Provide technical leadership on WTW toolkit (in particular Emblem and Radar) to drive forward effective and efficient solutions which deliver business requirements and add demonstrable value
• Provide thought leadership on modelling concepts
• Lead and manage the development of effective and efficient solutions which deliver business requirements and add demonstrable value
• Ensure that all team members follow quality assurance processes and manage risk adhering to all relevant policies
• Research, develop and champion the use of best practice methods and standards and ensure they are embedded throughout the department
• Plan, design and lead the development of Atlanta's pricing capability.
• Through ongoing research, maintain an extensive knowledge of statistical techniques to ensure Atlanta has a market leading approach to analysis and modelling.
• Assist Pricing Managers in making tactical and strategic decisions.
• Deputise for Pricing Managers, Head of Pricing
  
  

Key Skills And Experience

• Previous experience within general insurance pricing
• Experience with some of the following predictive modelling techniques; Logistic Regression, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Neural Nets and Clustering
• Experience in statistical and data science programming languages (e.g. R, Python, PySpark, SAS, SQL)
• A quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)
• Proven experience of modelling using WTW toolkit (Emblem and Radar)
• Proficient at communicating results in a concise manner both verbally and written
  
  

Behaviours

• Self-motivated with a drive to learn and develop
• Logical thinker with a professional and positive attitude
• Passion to innovate, improve processes and challenge the norm
  
  

About The Business

Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1.2b. The majority of business is written as the insurance pricing provider behind household names such as Co-op, Sainsbury's, O2, Halifax, AA, Saga and Lloyds Bank to list a few and Markerstudy also has a large and growing direct presence in the market as well.

Having acquired and successfully integrated Co-op Insurance Services in 2021 & BGLi in 2022, Markerstudy are now pursuing innovative pricing techniques, taking advantage of an award-winning insurer hosted rating platform, whilst challenging existing embedded processes.

LNKD1_UKTJ

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance

Referrals increase your chances of interviewing at Thinkways Software Technologies Pvt. Ltd. by 2x

Get notified about new Senior Pricing Analyst jobs in Peterborough, England, United Kingdom.

Peterborough, England, United Kingdom 1 day ago

Peterborough, England, United Kingdom 1 month ago

Peterborough, England, United Kingdom 1 day ago

Peterborough, England, United Kingdom 2 days ago

Peterborough, England, United Kingdom 1 day ago

Cambridgeshire, England, United Kingdom 1 week ago

Willingham, England, United Kingdom 1 week ago

Peterborough, England, United Kingdom 2 days ago

Peterborough, England, United Kingdom 2 days ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.